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Alaska · Restaurants & Hotels
SBA loans for restaurants & hotels in Alaska
303 loans worth $186.0M approved since FY2010 for accommodation and food services projects located in Alaska.
Loans
303
Approved
$186.0M
Median loan
$322,000
+7% vs sector nationally
Median rate
7.00%
Jobs supported
5,330
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to restaurants & hotels in Alaska
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Evergreen Business Capital | 48 | $40.1M | |
| Alaska Growth Capital BIDCO, Inc. | 52 | $26.7M | |
| Wells Fargo Bank | 53 | $16.9M | |
| Hanmi Bank | 3 | $11.0M | |
| Northrim Bank | 25 | $10.3M | |
| KeyBank | 25 | $9.1M | |
| UniBank | 2 | $7.0M | |
| BMO Bank | 2 | $5.0M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for restaurants & hotels in Alaska since FY2010 was $322,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Alaska
2,190 loans across every sector.
Restaurants & Hotels nationally
137,471 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to restaurants & hotels businesses in Alaska?
- 303 SBA loans totalling $185,987,100 have been approved for accommodation and food services projects in Alaska since FY2010.
- Which lenders finance restaurants & hotels in Alaska?
- The most active by dollars approved are Evergreen Business Capital, Alaska Growth Capital BIDCO, Inc., Wells Fargo Bank, Hanmi Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for restaurants & hotels in Alaska?
- The median approval is $322,000, 7% above the national median for this sector ($300,000).
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